EU Won’t Treat Irish as Greeks If They Vote ’No’
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May 30 (Bloomberg) -- The eyes of the world are onelections in Greece next month that could determine whether itdefaults and triggers contagion throughout the euro area. Bycontrast, Ireland’s referendum tomorrow on whether to ratifyEurope’s new fiscal treaty is passing almost unnoticed.
That’s odd, because although Ireland can’t veto the pact --its full name is the Treaty on Stability, Coordination andGovernance in the Economic and Monetary Union -- the governmentis warning voters that the very same thing could happen here asin Greece.